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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

US Dollar/ (FOREX:USDAWG)

Strong Downtrend (-100) - USDAWG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDAWG continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDAWG?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAWG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAWG
Open High Low USDAWG Price Change
1.40625 1.40625 1.40625 1.40625 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDAWG

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 1.80000

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 1.80250

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 1.80125

Smart Scan Analysis for USDAWG

Based on our trend formula, USDAWG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.40625 1.40625 1.40625 1.40625 0.00000
Prev. Close Volume Bid Ask Time
1.40625 2024-11-19 10:17:01
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